Strong job growth, landlord friendly, and 4th lowest property taxes in the US make investing in NV make sense on paper too.  

Not to mention, can lead to lower insurance premiums as you can often push the coverage when claims arise on the bad actor (as long as your contracts are papered correctly and your insrurance certificates are in order). 

On top of everything above- keep in mind that with every "head in bed" you need to scale up the number of seats at the dinner table, space/seats living room, towels, plates etc etc.

I wrote the numbers out, with a side by side comparison to the traditional sale, from now until he invests his sale cash into paper (which is the norm). 

You are what they are looking for: Liquid, with great credit and lots of experience.Cause at the end of the day most of these loans are securitized and sold off to groups of investors who actually hold the paper. 

There are a couple newer companies charging something like 18% but they make the owners purchase their own supplies (TP, paper towels, toiletries, etc) and have all kinds of "additional fees" that seem to put them in about the same range when you take everything in to account.

On old paper applications the written permission applicants signed giving was usually to pull credit and background checks I think but with the Zillow process that is all taken care of before the application is submitted and you get those reports.

So yeah, that was a tough year to write a big check for a piece of paper! 

Also another good tactic is offering to let them use supplies like toilet paper, paper towels, and whatnot. 

It may look great on paper, but then the tenants are not paying rent, they need to be evicted, and every single unit needs a turnover and now you are underwater.